Indian customers using cheques that are not compliant with Cheque Truncation System (CTS), an online image-based cheque clearing facility, will face delay in clearance from now on, an industry source ...

MUMBAI, India--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR) and National Payments Corporation of India (NPCI) announced today the successful completion of the landmark Cheque Truncation System (CTS) ...

The SC reversed a decision of the Delhi High Court, and held that under Section 138, the cause of action is linked to the ...

Dubai: Indian expats in the UAE who still use cheques for transactions back home will soon see money move faster, thanks to a major upgrade in India’s cheque clearance process. The Reserve Bank of ...